Tag

Oracle Corp

All articles tagged with #oracle corp

Jewish Artists Rally Behind Ruffalo as Merger Controversy Intensifies
entertainment9 hours ago

Jewish Artists Rally Behind Ruffalo as Merger Controversy Intensifies

Dozens of Jewish artists, including filmmakers and rabbis, defend Mark Ruffalo after Paramount-Skydance branded his criticisms of Oracle’s tech ties to Israel as antisemitic tropes. Ruffalo remains a leading voice against the Paramount-Warner Bros. Discovery merger, which is stalled by an antitrust lawsuit from California and other states. An open letter signed by more than 150 filmmakers, academics and others argues that criticizing Gaza-related policies and corporate involvement in the conflict is not antisemitic and warns that the merger would devastate livelihoods and media diversity.

"Oracle's Cloud and AI Success Propel Stock Soaring"
businesstechnology2 years ago

"Oracle's Cloud and AI Success Propel Stock Soaring"

Oracle Corp reported a 7% increase in total revenue to $13.3 billion for the third quarter of fiscal year 2024, with cloud revenue up 25% to $5.1 billion. The company's GAAP operating income was $3.8 billion, while non-GAAP operating income increased by 12% to $5.8 billion. Oracle's earnings per share grew to $1.41, and its remaining performance obligations reached an all-time high of over $80 billion. The company's strong financial results and strategic initiatives in cloud infrastructure and innovative solutions position it for sustained growth in the software industry.